TOKYO (Reuters) – Japanese core consumer prices fell a record 1.7 percent in the year to June, with weakening consumer demand for goods playing an increasing part in pushing the country deeper into its second spell of deflation this decade.

See original here:
Japan logs record deflation as demand slides

The White House said Thursday it was reviewing what has turned out to be a wildly popular “cash for clunkers” program amid concerns the $1 billion budget for rebates for new auto purchases may have been exhausted in only a week. Transportation Department…

Sponsored Topics:
United States Department of Transportation – United States – Government – Transportation Department – Business

Continued here:
White House reviewing ‘cash for clunkers’ program

WASHINGTON (Reuters) – The U.S. government will not suspend its $1 billion “cash for clunkers” auto sales incentive even though confirmed sales and pending transactions neared the limit of 250,000 vehicles much sooner than expected, an Obama administration official said on Thursday night.

See the original post here:
U.S. won’t suspend auto “clunkers” program: official

WASHINGTON (Reuters) – The U.S. government has suspended its “cash for clunkers” incentive program to spur U.S. auto sales after an avalanche of business, a lawmaker said on Thursday.

See the rest here:
U.S. suspends “cash for clunkers” auto trade-ins

The government plans to suspend its popular “cash for clunkers” program amid concerns it could quickly use up the $1 billion in rebates for new car purchases, congressional officials said Thursday. The Transportation Department called lawmakers’ offices to…

Sponsored Topics:
United States Department of Transportation – United States – Government – Transportation Department – Business

View original post here:
AP sources: Govt to suspend ‘cash for clunkers’

Between innocuous updates about a wardrobe malfunction and a Cubs game, Twitter user Amanda Bonnen posted this tweet in May: “@JessB123 You should just come anyway. Who said sleeping in a moldy apartment was bad for you? Horizon realty thinks it’s okay.”…

Sponsored Topics:
Twitter – Chicago Cubs – Wardrobe malfunction – On the Web – Online Communities

See the original post here:
Twitter post leads to lawsuit

A pair of security experts announced a vulnerability in the iPhone today that allows a hacker to take control of an iPhone through an SMS text message attack. Cybersecurity researchers Charlie Miller and Collin Mulliner explained the security hole at the…

Sponsored Topics:
iPhone – CharlieMiller – Vulnerability – Apple – Security

See the rest here:
Experts find iPhone text-message security flaw

WASHINGTON (Reuters) – The Obama administration will suspend a $1 billion program intended to spur U.S. auto sales after it surprisingly approached its funding limit after only a few days, government and industry sources said.

Originally posted here:
U.S. to suspend auto clunkers program

Santa Clara city leaders will have some more things to think about as they consider a new stadium for the San Francisco 49ers. A draft environmental report says a proposed 68,500-seat stadium in Santa Clara for the 49ers would significantly increase traffic,…

Sponsored Topics:
San Francisco 49ers – Santa Clara California – Santa Clara – NFL – San Francisco

View post:
Report outlines impact of new Santa Clara stadium

The Food and Drug Administration is testing a Diet Pepsi can that a central Florida man claims had the remains of a possible rodent inside. Fred Denegri of Ormond Beach took a few sips from the can on July 23, only later to discover what was inside. He said…

Sponsored Topics:
Diet Pepsi – Florida – U.S. Food and Drug Administration – Food and Drug Administration – Pepsi

Read the rest here:
Man claims he found a rodent inside Diet Pepsi can

The stock market is a day away from locking in its best July in 20 years….

See the original post here:
Rally looks to be back on track

Citigroup, one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York’s attorney general said yesterday in a report detailing the payouts by nine big banks….

Excerpt from:
Report: Banks still giving big bonuses

2008 Associated Press File photoCablevision Systems announced Thursday it would be spinning off its Madison Square Garden division into its own separate unit. Cablevision Systems said Thursday its board has approved a plan to spin off as a separate company…

Originally posted here:
Cablevision to spin off Madison Square Garden unit

The U.S. Equal Employment Opportunity Commission has filed a lawsuit against the Sahara Hotel and Casino in Las Vegas, saying it created a hostile work environment for an Egyptian kitchen employee when supervisors and co-workers made derogatory comments about…

Sponsored Topics:
Las Vegas Nevada – Sahara Hotel and Casino – Nevada – Las Vegas – United States

Go here to see the original:
Discrimination suit filed against Sahara

The casino industry has seen revenue drop for more than a year, even before the global credit crunch put casino operators and many of their customers in a financial bind. To compensate, Wynn Resorts Ltd. has slashed rates on hotel rooms and meals to keep…

Sponsored Topics:
Steve Wynn – Hotel – Credit crunch – Casino – Travel and Tourism

View original here:
On the Call: Wynn Resorts Ltd. CEO Steve Wynn